Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV reduced its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Get Rating) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,882 shares of the company’s stock after selling 224 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Schwab US Broad Market ETF were worth $622,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of SCHB. Ironwood Wealth Management LLC. increased its stake in Schwab US Broad Market ETF by 112.8% in the 1st quarter. Ironwood Wealth Management LLC. now owns 5,972 shares of the company’s stock valued at $319,000 after buying an additional 3,165 shares during the period. AMI Investment Management Inc. grew its stake in shares of Schwab US Broad Market ETF by 81.8% during the 1st quarter. AMI Investment Management Inc. now owns 67,978 shares of the company’s stock worth $3,629,000 after purchasing an additional 30,577 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Schwab US Broad Market ETF by 1,065.3% during the 1st quarter. JPMorgan Chase & Co. now owns 18,400 shares of the company’s stock worth $983,000 after purchasing an additional 16,821 shares during the period. Raymond James & Associates grew its stake in shares of Schwab US Broad Market ETF by 134.8% during the 1st quarter. Raymond James & Associates now owns 73,871 shares of the company’s stock worth $3,944,000 after purchasing an additional 42,404 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Schwab US Broad Market ETF by 102.5% during the 1st quarter. Bank of New York Mellon Corp now owns 9,613 shares of the company’s stock worth $513,000 after purchasing an additional 4,866 shares during the period.

Schwab US Broad Market ETF Stock Down 1.3 %

NYSEARCA:SCHB opened at $45.74 on Friday. Schwab US Broad Market ETF has a fifty-two week low of $40.92 and a fifty-two week high of $54.67. The stock has a market cap of $20.59 billion, a PE ratio of 17.59 and a beta of 1.03. The firm’s fifty day simple moving average is $47.17 and its 200-day simple moving average is $45.85.

Schwab US Broad Market ETF Profile

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Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.